VNDIRECT's Board of Directors (HoSE: VND) has approved convening an extraordinary general meeting of shareholders in 2026, with the final record date set for 25 November 2026 and an entitlement ratio of 1:1. The company has not yet announced the time, venue or agenda, and Chairman Phạm Minh Hương has been authorized to decide these details and the procedures for convening the meeting. The move came as VND shares hit the daily limit with a 6.9% gain to VND 13,950 per share in the 4 November session, on more than 21.6 million shares traded, nearly double the previous session. For Q3 2026, operating revenue was nearly VND 1,715 billion, down 22.6% year on year, and after-tax profit about VND 329 billion, down 64.5%; however, nine-month pre-tax profit reached VND 2,199 billion, up 3% and 73% of the full-year plan. Outstanding margin lending at quarter-end was over VND 12,115 billion, down about 11.2% from the start of the year.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: VNDirect sắp họp đại hội bất thường
Keywords
VNDbrokeragesearningsmargin lendingshareholder meeting
Open a keyword to see other news on the same topic.
Related news
- After a TikToker spread false information about margin lending, the State Securities Commission urges investors to stay cautious
The State Securities Commission (UBCKNN) urges investors to stay alert, avoid trusting, and not share unverified information online. The Cybersecurity Department of the Ministry of Public Security, working with Hanoi police and UBCKNN, handled the TikTok account “Kiến Trúc Sư”, whose owner posted videos from July 25, 2026 with sweeping, false claims about securities firms’ margin lending. On September 21, 2026, Hanoi police fined the account owner VND 12.5 million for providing and sharing fabricated, false information that harmed the reputation of agencies and organizations. UBCKNN warns that publishing false or misleading information about the securities market will be strictly penalized under the law.
- Securities Firms' Q3 2026 Results as of October 17: First Hundred-Billion-Dong Loss Emerges in the Sector
As of October 17, 5 of the 10 securities firms that had reported Q3 2026 results posted profits and 5 posted losses, with earnings diverging sharply due to large swings in proprietary trading. Rồng Việt Securities JSC (VDS) reported a pre-tax loss of over VND 105 billion, versus a profit of nearly VND 310 billion a year earlier, as investment revenue fell nearly 90% and portfolio devaluation costs exceeded VND 124.5 billion. EVS also posted a pre-tax loss of over VND 52 billion in Q3. In contrast, NH Vietnam Securities (NHSV) reported revenue of nearly VND 131 billion, up 69%, driven by lending and held-to-maturity investment income. MBS is currently leading the group in profit scale.
- Behind ACBS's Q3/2026 profit: Room for margin growth and a solid financial base
ACBS's margin lending balance reached about VND 22,600 billion as of 30 September 2026, up 30.5% since the start of the year, the highest growth rate among the top 10 brokerages by market share. Accumulated nine-month interest income from loans and receivables was about VND 1,578 billion, double the same period last year and 40.5% of total operating revenue. The margin loan-to-equity ratio stood at about 150%, below the 200% limit, and is estimated to fall to about 133% after ACB raised ACBS's charter capital from VND 11,000 billion to VND 13,000 billion. The FVTPL portfolio had a fair value of about VND 6,539 billion, with stocks making up 22.5%; its fair value was about VND 249 billion below cost, with stocks accounting for a negative gap of about VND 220 billion. Cash, cash equivalents and HTM holdings totaled about VND 14,170 billion, or 32.4% of total assets, well above the roughly 10.67% average of the top 10 brokerages.
- BIDV Securities (BSC) Reports 9-Month Profit of VND 377 Billion, Margin Loan Balance Tops VND 10,000 Billion
As of September 30, 2026, BSC’s total assets reached VND 19,905.4 billion, up nearly 20% from the start of the year, while its margin lending balance stood at VND 10,256 billion, up nearly VND 1,200 billion. In Q3 2026, operating revenue rose 19% to VND 818.7 billion, including VND 269 billion in interest income from loans and receivables (up over 39%), and pre-tax profit for the quarter was VND 207 billion. For the first nine months, operating revenue rose 39.3% to VND 2,132.7 billion, while pre-tax profit fell about 5% to VND 469.4 billion amid higher financial expenses. After-tax profit for the period reached VND 377.1 billion.
- VIX Securities Reports 94% Plunge in Q3 Profit, Margin Loan Balance Falls 1,500 Billion VND in One Quarter
VIX Securities reported third-quarter 2026 pre-tax profit of 192 billion VND, down 94% year on year, and after-tax profit of nearly 174 billion VND, down 93%. Operating revenue fell 36% to 2,048 billion VND, while operating expenses surged from 50 billion to 1,744 billion VND. The main cause was the FVTPL (fair value through profit or loss) portfolio, where losses reached 1,717 billion VND and the net gap between gains and losses turned negative at about 87 billion VND, versus a positive 2,762 billion VND a year earlier. Brokerage revenue fell 60% to 37 billion VND, while lending and receivables brought in 337 billion VND, down 1%. As of September 30, 2026, margin loan balances fell about 1,500 billion VND from the end of Q2, and total assets rose 16.7% to 39,860 billion VND.
- MBS Securities reports lower Q3 profit year on year, margin loans top VND 16,500 billion
MBS Securities posted third-quarter 2026 operating revenue of nearly VND 1,453 billion, up 25% year on year, driven by a 145% rise in fair value through profit or loss (FVTPL) income to VND 593 billion. Brokerage revenue fell more than 65% to about VND 128 billion, while operating expenses rose 54% to nearly VND 631 billion, including FVTPL losses that climbed from VND 81 billion to VND 481 billion. Quarterly pre-tax profit was VND 394 billion, down 6%, while nine-month pre-tax profit rose 11% to nearly VND 1,140 billion. As of September 30, 2026, margin lending balances stood at over VND 16,510 billion, down VND 132 billion from the end of the second quarter.
Related markets
Latest news
- A giant is splashing out on gold as prices surge the most in three months
The SPDR Gold Trust, the world's largest gold ETF, added 2.85 tonnes of gold holdings in the 4 November session, bringing its total to 1,040.51 tonnes and reversing two sessions of outflows. Still, holdings have fallen by a net 1.14 tonnes since the start of November compared with the end of October. In US trading on 4 November, gold rose 3.4% to $4,061 per ounce, its biggest gain since mid-August 2026 and a return above $4,000, after a sharp October sell-off that at one point pushed prices to their lowest level in about a year. The article attributes the rebound partly to the 3 November US midterm elections, which investors see as likely to limit fiscal stimulus; the dollar weakened and 10-year Treasury yields fell to around 4.89%, the lowest in nearly two months. Oil prices fell sharply after the vote, easing energy-driven inflation concerns and prompting markets to reassess whether the Federal Reserve (Fed) will raise interest rates again in the coming months.
- VIB names two new Deputy General Directors
VIB has appointed Trần Chí Thanh and Đặng Thị Phương Diễm as Deputy General Directors, effective 2 November 2026, with both promoted from the division director roles they already held. Mr. Thanh will also serve as Director of the Funding and Foreign Exchange Division; he joined VIB in 2008 after more than 7 years at Techcombank and sits on the Credit Council and chairs the Asset-Liability Management (ALCO) Committee. Ms. Diễm will serve as Director of the Operations Services Division; she has been with VIB since 2002 and has held a series of management roles over 24 years. Both appointments run from 2 November 2026 until the bank issues written notice of a change.
- Hotspots on edge as Democrats take control of both chambers of US Congress
The Democrats' win in both chambers of US Congress is seen as weakening President Donald Trump's position and putting foreign policy under closer legislative scrutiny. According to SCMP, Asian countries may face renewed pressure from the White House to increase investment in the US and share defence costs, with South Korea possibly pressed to fulfil a $350 billion investment pledge. On Iran, The Independent reports that the midterm results could push Trump to reassess his policy, though this may not soften Washington's hard line. The new Congress could increase oversight, push for aid to Ukraine and review concessions to Russia, but without the two-thirds majority needed to override a veto it cannot lift Trump's tariffs; it may still advance exemptions and waivers that partly help Southeast Asian exporters.
- Dow, S&P 500, Nasdaq Futures Mixed After A Democratic Sweep In Midterms: NVDA, MU, SNDK, NBIS, IREN In Focus
U.S. index futures were mixed overnight after the Dow closed 3% higher and the S&P 500 gained 1.58% on Wednesday, as Democrats won control of both the Senate and the House in the Nov. 3 midterm elections. AI-linked and data-center stocks fell on concerns about tighter AI rules and slower buildouts: Nvidia dropped 3%, Micron 7%, Sandisk nearly 8%, and Nebius more than 6%. Yorkville Advisors partner Dan Ives said the shift will slow the pace of AI buildout in the US, while Fundstrat's Tom Lee called the tech selloff a 'knee-jerk reaction' and said tech stocks could rally 15–20%. Oil fell as expectations for an end to the Iran war rose, with Brent at $93.91 a barrel and WTI at $87.24. IREN drew attention after The Information reported that Microsoft's lower-than-expected AI data center spending was partly caused by delays from the Australian cloud infrastructure provider.
- Gold ring and SJC gold bar prices on Nov 5 rise simultaneously by up to 2.5 million VND per tael at SJC, PNJ, Bao Tin Minh Chau, DOJI and Bao Tin Manh Hai
Domestic gold prices at 9:30 a.m. on Nov 5 kept rising from the previous session's close: gold rings gained 1.8–2.5 million VND per tael, while SJC gold bars rose about 2.1–2.2 million VND per tael. Among surveyed brands, SJC gold bars were quoted at 144.5 million VND per tael for selling, while gold rings were offered at 142.3–143 million VND per tael. DOJI posted the largest gain in the group, with its gold ring price up 2.5 million VND per tael. Internationally, spot gold was at 4,069 USD per ounce early in the session, up 0.22%, after rising 3.4% the previous day, supported by a weaker US dollar following the Democratic win in the US midterm elections. Investors are also watching this week's US jobs data for clues on Federal Reserve interest-rate prospects.
- Trump to Pardon Elon Musk Soon? Crypto Punters Bet as Ross Gerber Calls GOP Midterm Loss 'Worst Possible Outcome' for SpaceX CEO
Cryptocurrency punters are betting that President Donald Trump is the most likely to pardon Elon Musk. Veteran investor Ross Gerber said the Republican defeat in the midterm elections could create problems for the world's richest person.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.